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Tag: Horn of Africa

The IMF has loaned Kenya more than $941 million to strengthen its financial system.

The International Monetary Fund (IMF) has provided Kenya with a loan of more than $941 million (€864 million) to help the East African country strengthen its finances, the institution said this Thursday. In a statement on Wednesday, the IMF said its Executive Board had approved a loan for immediate disbursement of $624.5 million (573.8...